ead the scenario below, and then answer the questions that follow in a 3-page analysis. The questions will guide your analysis of the situation, but they need to be presented as part of a report to the owner of the company on investment portfolios.
Scenario:
The purpose of this case is to provide you with the opportunity to identify investment needs, establish investment goals, and design an investment program.
Pie chart is in attachments
The Pride family has decided to take the cash from under their mattresses and invest in various financial instruments. The family consists of Grandma Ann (age 75), Mom and Dad Pride (both age 50), and sons Frank (age 25) and Michael (age 22). They meet with the financial planner, Providence, to discuss their individual risk tolerance levels and their investment portfolio objectives.
Frank and Mike have decided to choose the following portfolio:
Please answer the following questions:
Based on the given portfolio, Frank and Mike are considered what type of investors?
Based on the given portfolio, what is Frank and Mike’s risk tolerance level?
What are Frank and Mike’s next steps?
What are Frank and Mike’s long-term goals?
How have Frank and Mike balanced their portfolio?
